Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" ... (1) In investing, reinvesting, purchasing, acquiring, exchanging, selling and managing property for the benefit of another, a trustee shall exercise the judgment and care, under the circumstances then prevailing, which men of prudence, discretion... "
Outlook and Independent - Page 218
1924
Full view - About this book

Atlantic Reporter, Volume 98

Law reports, digests, etc - 1917 - 1184 pages
...unnecessarily sacrificed. Trustees must be prudent and vigilant and exercise a sound judgment. They are 'to observe how men of prudence, discretion, and intelligence...disposition of their funds, considering the probable income aa well as the probable safety of the capital to be invested.' Harvard College v. Amory, 9 Pick. (Mass.)...
Full view - About this book

Atlantic Reporter, Volume 4

Law reports, digests, etc - 1886 - 956 pages
...must be prudent and vigilant, and exercise a sound judgment. They are "to observe how men of prudent discretion and intelligence manage their own affairs,...not in regard to speculation, but in regard to the paramount disposition of their funds, considering the probable incqme, as well as the probable safety...
Full view - About this book

The American Law Register, Volume 25; Volume 34

Electronic journals - 1886 - 968 pages
...a trustee to invest is that he shall conduct himself faithfully and exercise a Bound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affiairs, not in regard to speculation, but in regard to the permanent disposition of their funds,...
Full view - About this book

National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 3

Irving Browne - National banks (U.S.) - 1889 - 824 pages
...trustee to invest is, that he shall conduct himself faithfully, and exercise a sound discretion. He is to observe how men of prudence, discretion and...speculation, but in regard to the permanent disposition of . 478 Hunt, Appellant. their funds, considering the probable income, as well as the probable safety...
Full view - About this book

Commentaries on the Law of Torts: A Philosophic Discussion of the ..., Volume 1

Edgar Benton Kinkead - Torts - 1903 - 906 pages
...Lord, 1 Wis. 286, 60 Am. Dec. 381. 42 Hun v. Cary, 82 NY 65, 37 Am. Rep. 546. The trustee Is bound to observe how men of prudence, discretion and intelligence manage their own affairs: Harvard College v. Amory, 9 Pick. 446; Bowker v. Pierce, 130 Mass. 262; Morrow v. Saline Co., 21 Kan....
Full view - About this book

Monthly Labor Review, Volume 80

Labor laws and legislation - 1957 - 832 pages
...circumstances then prevailing which men of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but...permanent disposition of their funds, considering probable safety of their capital as well as probable income. No investment should be made by an affiliate...
Full view - About this book

Jordan on Investments

David Francis Jordan - Investments - 1922 - 456 pages
...state laws, the general American principle applies. This principle has been stated that "a trustee must observe how men of prudence, discretion and intelligence...affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering the probable income, as well as the probable safety...
Full view - About this book

Principles of Investment

John Emmett Kirshman - Investments - 1924 - 940 pages
...in his Trustee's Handbook, lays down the generally recognized principle as follows: "A trustee must observe how men of prudence, discretion and intelligence...affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering the probable income, as well as the probable safety...
Full view - About this book

Jordan on Investments

David Francis Jordan - Investments - 1924 - 404 pages
...principle applies. This principle, as has been stated, holds that "a trustee must observe how men ot prudence, discretion and intelligence manage their...affairs, not in regard to speculation but in regard to permanent disposition of their funds, considering the probable income, as well as the probable safety...
Full view - About this book

Hearings

United States. Congress. Senate. Committee on Labor and Public Welfare - 1958 - 1494 pages
...circumstances then prevailing which men of prudence, Jiscretion and intelligence exercise in the management of their own affairs, not in regard to speculation but...permanent disposition of their funds, considering probable safety of their capital as well as probable income. .Vi inrestment should be made by an affiliate...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF